STPL, a global pioneer in diamond processing solutions headquartered in Surat, has been selected to the Confederation of Indian Industries (CII) "50 Most Innovative Companies" list for 2022.
STPL Company has provided the diamond industry with fresh developments and solutions on a consistent basis. In addition to laser technology, the company has created cutting-edge artificial intelligence and robotics-based diamond processing technologies, which earned it a spot on this distinguished list.
STPL has spent years developing diamond processing technology based on lasers. The introduction of laser technology and other automation-based technologies by STPL have revitalised the Indian diamond industry. The company's actions revitalised the entire industry, and diamond processing facilities in India shone brightly around the world. Laser technology has improved the precision and speed of every stage of diamond processing, resulting in increased output and revenue. India's diamond industry has begun to grow exponentially.
Utilising a huge array of technologies and a value-driven approach, STPL has established a distinct and incredibly potent identity in the diamond processing industry. Today, STPL has deployed over 12,000 diamond processing technology solutions in more than 25 countries and six continents.
CII is a non-profit, industry-led, and industry-managed organisation with over 9000 members from the commercial and public sectors, including SMEs and multinational corporations, and an indirect membership of over 300,000 enterprises from 286 national and regional sectorial industry groups. Through advisory and consultative processes, CII aspires to construct and maintain an environment conducive to India's development in conjunction with industry, government, and civil society.
Over the past 125 years, CII has actively modified the engagement of Indian industry in national development, hence influencing India's growth trajectory. CII charts change by cooperating directly with the government on policy concerns, communicating with thought leaders, and enhancing industry's efficiency, competitiveness, and commercial opportunities through a variety of specialised services and global linkages. In addition, it provides a place for forging agreement and networking on significant issues.